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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 6: Deductions and Losses: In General
  5. Question
    Which of the Following Is a Required Test for the Deduction
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Which of the Following Is a Required Test for the Deduction

Question 149

Question 149

Multiple Choice

Which of the following is a required test for the deduction of a business expense?


A) Ordinary
B) Necessary
C) Reasonable
D) All of the above
E) None of the above

Correct Answer:

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